Virtual Mining Coin (VMC)
(The first crypto currency with collateral security)
Launch date: May 3, 2014, UTC +01:00
What is Virtual Mining Coin?
More than 200 altcoin exist in the world today and most of them have no real value . The virtual mining coin is the first crypto currency is backed by collateral, ensuring that the coins value will never become 0.
The VMC scrypt-n based mining (which is ASIC resistant), can be for anyone, from any computer.
10% of the 100.000.000 coins will be pre-mined, and the 80% of the pre-mined coins will be shared proportionally among those involved in the IPO.
The full amount of IPO will be invested in cex.io, and will be kept in GHS. BTC produced by the GHS daily reinvested to ensure a steady increase in the coverage of our coin .
The amount of funds are generated continuously, will be visible to everyone on our website.
60 days from the launch of the mining the mined coins are going to be redeemable at any time, at the current coin value. Actual coin value displayed in GHS which is also will be visible to everyone on our website.
The calculation of the current value of the coin: all GHS we have / 100.000.000 coin
What is CEX.IO where we have GHS?CEX.IO - is the first and leading commodity exchange in the Bitcoin community. Here we can buy or sell GHashes for the Bitfury ASIC chips or just trade on the increase or decrease of chip values. We simply purchase GHashes in the exchange and we will instantly become an owner of GHashes that are making income for us.
Official Website:
virtualminingcoin.org Specifications:
- Transaction Confirms: 5
- Block Confirms: 50
- MAX Coin: 100.000.000
- Block value: 171.2
- Block Time: 60 Seconds
- Retarget: EVERY 5 blocks / 5 Minutes
- KGW Implemented with TIMEWRAP FIX
- SCRYPT-N ADAPTIVE (ASIC resistant)
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New features: The wallet is a Static build, which means there are no DLL files required to run the wallet. - Premine: 10% (80% of the pre-mined coins will be shared proportionally among those involved in the IPO.)
Other 20% for the maintenance, developing and the bountys.
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